FAT
- FAT Brands Inc.
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Overview
Company Summary
FAT Brands Inc. is a company that is primarily engaged in the franchising of restaurants. The company owns and operates a portfolio of fast-casual and casual dining restaurant concepts. It has developed a unique business model, where it acquires successful restaurant chains and expands them through franchising.
FAT Brands' portfolio includes well-known food brands like Fatburger, Buffalo's Cafe, Buffalo's Express, Hurricane Grill & Wings, and Yalla Mediterranean. These brands offer a diverse range of menu options, from juicy burgers and wings to Mediterranean cuisine.
Through its franchise model, FAT Brands works with franchisees who operate their own restaurants under one of their brand names. FAT Brands provides franchisees with comprehensive support, including training, marketing, and operational assistance.
The company generates revenue from various sources. It earns franchise fees from new franchisees, collects royalties based on a percentage of franchisees' sales, and also benefits from the sale of proprietary food and beverage products to franchisees.
FAT Brands also operates some company-owned restaurants to maintain a direct presence in key locations and test new offerings before expanding them to its franchised locations.
In summary, FAT Brands is a franchising company specializing in the restaurant industry. It owns and manages a portfolio of popular food brands, supports franchisees, and earns revenue through franchise fees, royalties, and food product sales.